Company DescriptionConduit provides web publisher syndication solutions that increase site traffic, revenue and brand loyalty while simplifying access to the content, communities and applications that subscribers care about most. By creating a direct, always-on connection between publishers and subscribers, Conduit opens new channels for real-time communication and extensive website syndication.

Proceeds PurposesThe investment fund, which is being advised by J.P. Morgan Asset Management but was not further identified has agreed to buy up the remaining stake of early Conduit investor Yosma Venture Capital.